Keysight Technologies (NYSE:KEYS) Reaches New 1-Year High on Better-Than-Expected Earnings

Shares of Keysight Technologies Inc. (NYSE:KEYS) hit a new 52-week high during mid-day trading on Tuesday following a stronger than expected earnings report. The stock traded as high as $201.50 and last traded at $191.6420, with a volume of 796247 shares changing hands. The stock had previously closed at $177.67.

The scientific and technical instruments company reported $1.91 EPS for the quarter, beating the consensus estimate of $1.83 by $0.08. The firm had revenue of $1.42 billion during the quarter, compared to analyst estimates of $1.39 billion. Keysight Technologies had a net margin of 10.36% and a return on equity of 19.53%. Keysight Technologies’s revenue was up 10.1% on a year-over-year basis. During the same period last year, the firm posted $1.65 EPS. Keysight Technologies has set its Q1 2026 guidance at 1.950-2.010 EPS.

Keysight Technologies declared that its board has initiated a share buyback program on Monday, November 24th that authorizes the company to repurchase $1.50 billion in shares. This repurchase authorization authorizes the scientific and technical instruments company to buy up to 4.9% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company’s management believes its stock is undervalued.

Analyst Ratings Changes

KEYS has been the topic of a number of research analyst reports. Wells Fargo & Company boosted their price objective on shares of Keysight Technologies from $190.00 to $225.00 and gave the company an “overweight” rating in a report on Tuesday. Citigroup lifted their price target on Keysight Technologies from $215.00 to $220.00 and gave the stock a “buy” rating in a research report on Tuesday. Jefferies Financial Group increased their price objective on Keysight Technologies from $180.00 to $195.00 and gave the company a “hold” rating in a report on Tuesday. Weiss Ratings restated a “hold (c-)” rating on shares of Keysight Technologies in a research note on Wednesday, November 19th. Finally, UBS Group set a $230.00 target price on Keysight Technologies in a research report on Tuesday. Eight research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $214.82.

Insiders Place Their Bets

In other Keysight Technologies news, SVP Ingrid A. Estrada sold 2,000 shares of the company’s stock in a transaction dated Wednesday, September 17th. The shares were sold at an average price of $173.98, for a total value of $347,960.00. Following the completion of the transaction, the senior vice president owned 106,590 shares in the company, valued at approximately $18,544,528.20. This represents a 1.84% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.61% of the company’s stock.

Hedge Funds Weigh In On Keysight Technologies

Large investors have recently bought and sold shares of the business. True Wealth Design LLC grew its holdings in Keysight Technologies by 358.3% in the second quarter. True Wealth Design LLC now owns 165 shares of the scientific and technical instruments company’s stock valued at $27,000 after purchasing an additional 129 shares during the period. Accent Capital Management LLC purchased a new position in shares of Keysight Technologies during the 1st quarter valued at approximately $28,000. NewSquare Capital LLC grew its stake in Keysight Technologies by 155.2% in the 2nd quarter. NewSquare Capital LLC now owns 171 shares of the scientific and technical instruments company’s stock valued at $28,000 after acquiring an additional 104 shares during the period. Atlantic Union Bankshares Corp purchased a new stake in Keysight Technologies in the 2nd quarter worth $34,000. Finally, Manchester Capital Management LLC raised its position in Keysight Technologies by 85.0% during the first quarter. Manchester Capital Management LLC now owns 235 shares of the scientific and technical instruments company’s stock worth $35,000 after acquiring an additional 108 shares during the period. Institutional investors and hedge funds own 84.58% of the company’s stock.

Keysight Technologies Trading Up 0.4%

The company’s fifty day simple moving average is $174.57 and its 200-day simple moving average is $167.51. The firm has a market capitalization of $33.74 billion, a PE ratio of 62.52, a P/E/G ratio of 2.38 and a beta of 1.22. The company has a debt-to-equity ratio of 0.45, a current ratio of 3.59 and a quick ratio of 2.94.

About Keysight Technologies

Keysight Technologies, Inc provides electronic design and test solutions to commercial communications, networking, aerospace, defense and government, automotive, energy, semiconductor, electronic, and education industries in the Americas, Europe, and the Asia Pacific. The company operates in two segments, Communications Solutions Group and Electronic Industrial Solutions Group.